Overview
What is Community Shares Of Colorado Inc?
Community Shares of Colorado Inc is a nonprofit organization located in Denver, Colorado. Their primary focus is to facilitate workplace giving campaigns, connecting Coloradans with charities and causes they care about most. They partner with businesses, allowing employees to contribute either a portion of their paycheck or make one-time cash donations. The organization manages the calculation and distribution of these contributions to various nonprofits, also providing campaign reports. Their mission is to increase public visibility of member organizations, promote cooperation between them, and create a platform for diverse organizations to network. With a team of 10 dedicated individuals, Community Shares of Colorado Inc plays a significant role in fostering charitable contributions in Colorado.
Official website here: www.cshares.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
Community Shares of Colorado Inc has achieved a commendable score of 81%, reflecting solid accountability and community engagement. The organization excels in its financial practices, earning a high program expense ratio of 88.05%, which indicates that a significant portion of funds is allocated directly to its programs. Additionally, the charity benefits from a fully independent board, ensuring objective governance and oversight.
The organization also demonstrates strong performance in its culture and community engagement, evidenced by a high score of 93 in this area. They have established effective feedback collection and usage strategies, scoring 100 out of 100 in both categories. This commitment to stakeholder input may enhance their program efficacy and community connection.
However, while the accountability metrics are robust, the overall accountability and finance score is slightly lower at 78. This suggests that while there are strong practices in place, there may be areas for improvement in financial transparency or reporting. Overall, Community Shares of Colorado Inc appears to be a well-managed organization that prioritizes both fiscal responsibility and community involvement.
This AI summary has been generated from information found on Charity Navigator.
Is Community Shares Of Colorado Inc legitimate?
Community Shares Of Colorado Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Shares Of Colorado Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $66,781
Professional Fundraising Fees: $0
Other Salaries and Wages: $357,784
For more financial information, click here
Official website here: www.cshares.org
What is the mission statement of Community Shares Of Colorado Inc?
Community Shares of Colorado Inc's mission is to connect individuals with the charities and causes they are passionate about. Their primary objective is to raise funds for these organizations through workplace giving campaigns, increase their visibility, promote cooperation, and provide a platform for networking. They partner with businesses to plan and implement giving campaigns, offering the option of paycheck contributions or cash gifts to employees. They also distribute the workplace contributions to the nonprofit organizations and provide campaign reports. In essence, Community Shares of Colorado Inc serves as a bridge between donors and the causes they care about, fostering collaboration among various organizations.
Official website here: www.cshares.org
Who is the CEO of Community Shares Of Colorado Inc?
Regina Mattie is the Treasurer of Community Shares Of Colorado Inc. The CEO's salary of Community Shares Of Colorado Inc is $56,581 and their total compensation is $66,781.
Official website here: www.cshares.org
What is the revenue of Community Shares Of Colorado Inc?
Community Shares Of Colorado Inc's revenue in 2023 was $2,163,028.
Official website here: www.cshares.org
Who are the executives of Community Shares Of Colorado Inc and what are their salaries?
The average compensation at Community Shares Of Colorado Inc during 2023 was $42,456. There are 10 employees and 120 volunteers at Community Shares Of Colorado Inc.
Here are 15 key members and their salaries (Community Shares Of Colorado Inc's CEO's salary is $56,581 and their total compensation is $66,781):
- Compensation: $56,581
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- Other: $10,200
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Official website here: www.cshares.org
Where can I find the form 990 for Community Shares Of Colorado Inc?
Community Shares Of Colorado Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cshares.org
Learn more at the official website: www.cshares.org
Mission Statement of Community Shares Of Colorado Inc
Community Shares of Colorado Inc serves as a bridge connecting Colorado residents with the charities and causes they are passionately invested in. The organization's core purpose is multifaceted: raising funds for member nonprofits, enhancing their public visibility, fostering cooperation among them, and providing a platform for diverse organizations to network. By doing so, Community Shares of Colorado Inc aims to strengthen the bond between the community and the causes that matter most to its members.
One of the primary programs through which Community Shares of Colorado Inc achieves its mission is the Community Giving Campaign. This program focuses on mobilizing funds for nonprofit organizations by partnering with businesses. Employees are given the opportunity to donate either a portion of their paycheck or make a one-time cash gift. The organization plays a crucial role in planning and implementing these giving campaigns, offering the option of paycheck contributions or cash gifts, and identifying new potential workplace partners.
In addition to its fundraising efforts, Community Shares of Colorado Inc also manages the calculation and distribution of workplace contributions to member nonprofits. The organization is responsible for disbursing the collected funds to the nonprofits and providing campaign reports to keep them informed about their contributions. By acting as a central hub for these charitable organizations, Community Shares of Colorado Inc plays a significant role in supporting the causes that resonate with Colorado residents.
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Impact
July, 2024
Community Shares Of Colorado Inc connects Coloradans to the charities and causes they care about most by raising and allocating money to member organizations. Through their community giving campaign, they partner with businesses to raise funds via workplace giving campaigns. This initiative allows employees to contribute either through cash gifts or donations from their paychecks. Community Shares Of Colorado Inc facilitates the planning and implementation of giving campaigns, manages the distribution of workplace contributions to member organizations, and provides campaign reports to participating organizations. Their mission is to increase public visibility of member organizations, promote cooperation between diverse organizations, and offer a platform for networking within the community. Through these efforts, Community Shares Of Colorado Inc plays a vital role in driving philanthropy and supporting charitable causes in Colorado.
This information is meant to be a general summary of Community Shares Of Colorado Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $753
- Program Service Revenue: $131,795
- Gross Receipts: $2,189,006
Assets and Liabilities:
- Total Assets: $2,058,450
- Total Liabilities: $1,662,892
- Net Assets: $395,558
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMPAIGN MGMT FEES
Revenue
$131,795
Organization Details
Founding Year
1986
Phone
(303) 861-7507Principal Officer
Regina Mattie
Main Address
1600 N DOWNING STREET 700, DENVER, CO, 80218
Website
www.cshares.orgNTEE Category
Code: T70Z - Philanthropy
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